Lot 6 Summit Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2018 | Sold | ||
| Sold | |||
| Jul 2, 2017 | Listed by Jones Group REALTORS® | $55,000 | |
| Listed by Jones Group REALTORS® | |||
| | |||
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Wooded 6+ acre estate lot close to route 202 and the Granby town line and minutes from the town center. If you like privacy and elbow room, this lot could be for you. See attachments for maps.
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| Jan 14, 2005 | Sold | ||
| Sold | |||
| Jun 29, 2000 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017